African Energy Outlook 2020 suggests incentivization of exploration
Hydrocarbon production across 21 Sub Saharan countries are poised to increase by 28% by 2025, riding on the back of appreciable growth in production...
US curbs on tobacco imports to affect the Malawi economy
Over allegations of child and forced labour practices, US has announced restrictions on tobacco imports from Malawi. Though the US share in Malawi’s tobacco...
Kenya cuts pipeline tariffs by 50% to regain export markets
In a bid to regain its petroleum export market, and make its offer more attractive compared to its competitors like Tanzania, Kenya has drastically...
Africa becoming a hot favorite of IoT companies
Internet of Things (iOTs) , which is also referred as machine to machine language is picking up in Africa. In 2019, close to US$...
Nigeria gets funds for revamping transmission & distribution network
The electricity transmission in Nigeria will get a boost with the African Development Bank’s (AfDB) approval of US$210 million as loan. The electricity transmission...
AfCATA-Will bear ride the bull?
African Continental Free Trade Area (AfCATA) may be only less than six months old. Yet , prudence demands that an objective assessment of what...
African cotton cultivation: challenges vs prospects
Nov 15-30, 2019
African cotton is known for its quality, fiber strength and demand in the international market. The climatic conditions in most of the...
Nigerian Government places a bank guarantee of US$ 200 million in P&ID case
The Nigerian government has placed a bank guarantee of US $200 million with a high court in London to secure a stay on asset...
Nigeria’s Bayport to list in London by 2020
London listing of Bayport Management, an African consumer lending company, is on the cards. It may take place in the first half of 2020,...
Ekumfi Fruits and Juices Co, Ghana seeking an investor to recycle pineapple waste
The Ekumfi Fruits and Juices Company Limited is seeking an investor to recycle tons of its pineapple waste into organic fertilizer for agricultural purposes....
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